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for pick for the new treasury secretary. it's believed to be jack lew. that is who he will nominate. chief congressional correspondent mike emanuel looks at the lew pros and cons tonight from the white house. >> two sources close to the process say white house chief of staff jack lew is expected to be nominated by the end of the week. publicly, jay carney avoided getting ahead of president obama. >> i don't have a timetable for any other personnel announcements but i have no new information. or any change information on secretary geithner departure. >> sources say lew is up with of the president's favorites because of the sharp knowledge of the federal budget and no drama style. capitol hill republicans say lew gained a reputation for being arrogant and rigid in the 2011 dead ceiling fight. the top republican predicts a bumpy confirmation process because lew is too political in the capitol hill testimony. >> he refused to acknowledge basic financial certainly and spun numbers in a way that benefited president. he did not show credibility he wants in the cabinet position. >> the confirmatio
. today president obama will nominate jack lew for treasury secretary. currently the chief of staff steps into the job at a very critical time. his experience as an administration insider and budget grew will be quickly put to the test. -- budget guru will quickly be put to the test. lawmakers me to address the automatic spending cuts they put off in order toch a last- minute fiscal cliff deal. lew may be getting a lot of attention for this his signature that will soon be put on newly-printed money. >> are you working on his signature? >> not that i am aware of. >> this is also drawing criticism. for the first time in years, all the cabinet positions will be held by men. john brennan at the cia and john kerry secretary of state. "the new york times" published this photograph yesterday. only men are visible. the white house fired back. >> women serve a key position and policy here as they do in the administration. overall 43% of his appointees have been women, including two high-profile supreme court justices. >> as the gun control debate heats up, price -- vice- president joe biden said t
his nomination for his treasury secretary. his chief of staff jack lew is poised to replace timothy geithner. >> over the years he's built a reputation as a master of policy who can work with members of both parties. jack has my complete trust. i hope the senate will confirm him as quickly as possible. >> mr. president, i look forward to continuing the challenges ahead. >> lew is 57 years old. he's well versed in financial policy. he served as director of the office of management and budget from 1998 to 2001 and from 2010 until last year. he took the post as white house chief of staff one year ago. lew must wait for lawmakers to confirm his nomination. he'll face his first big test next month. that's when president obama is to confront congressional leaders again over raising the borrowing limit called the debt ceiling. i'll have more headlines next hour. here is a check on markets. >>> the race is under way to win the olympic honor. tokyo's governor made his pitch no london. he addressed more than 100 foreign journalists. >> i have a big passion for sports to come to london for the
dominant position. >>> barack obama officially nominated jack lew to replace timothy geithner overnight. speaking from the east room of the white house, the president made it clear just why he made this move for the post. >> over the past year, i've sought jack's advice on virtually every decision i've made from economic policy to foreign policy. and one reason jack has been so ekive in this town is because he is a low-key guy who prefers to surround himself with policy experts rather than television cameras. and and to hear who has been nominated for obama's cabinet, senator john kerry to replace hillary clinton as secretary of state, jack lew to replace timothy geithner and chuck hagel to as secretary of defense. tinny, good to see you. happy new year. >> happy new year to you, too. >> nice to see you. what do you make of the reshuffle? >> well, they are not surprising choices. there's a lot of discussion about whether obama's second term means changes or continuity. i'd use another key term which is consolidation. i think his cabinet are loyalists and insiders. they'll help move forw
on the calendar as well. dan lothian, thank you. appreciate it. >>> if jack lew, nominee of secretary of the treasury actually gets that gig, this is the signature that could we on our money. yesterday, president obama assured the world that the american dollar is safe, even with that. >> i never noticed jack's signature. when this was highlighted in the press, kconsidered rescinding m offer to appoint him. jack assures me he is going to work to make at least one letter legible. in order not to debase our currency should he be confirmed as secretary of the treasury. >> this is what his signature would look like on a dollar bill if it all goes through. looks like what my boys do. >> people have studied this. he has the same number of loops each time he does it. >> tim geithner says one of the first things he had to do when he became treasury secretary, was make it a little more legible. >> it suddenly matters. >>> other stories making news this morning. john has that for us. >>> the 16-year-old who opened fire and critically wounded a high school classmate claims he was bullied. he was
of who is going to be in the president's cabinet. jack lew is the likely nominee. if he picks lew it could set the stage for another contentious confirmation battle. is there any other kind these days, mike emanuel? it seems like everybody that is being picked with the sepgs of senator kerry looks like a tough battle on capitol hill tell us a little bit more about this. >> reporter: good afternoon to you, as you look the at recent nominations these people are all obama people and jack lew has served this president as director of the office of management and budget and white house chief of staff. we are told it is all but a done deal for jack lew to replace timothy geithner as treasury secretary. lew has become a favorite of the president because he has sharp knowledge of the federal budget and his style is no drama. his confirmation would likely be taking place during some bruising budget fight and as congress considers increasing the nation's credit card the debt limit from the podium the white house press secretary has avoided getting ahead of mr. obama. >> i have no other annou
, we learned today that president obama will nominate white house chief of staff jack lew as the new treasury secretary. and his signature will appear on every bill in our wallets. but when we looked up that signature, there it is. one person described it as a slinky that lost its spring. lew says if confirmed, he'll try to improve his penmanship. >>> and, what is your monopoly identity? do you go for the scottish dog, the hat, the thimble? today, monopoly announced they'll retire one of those tokens. and we, together, get to choose which one. so, you can vote online. the betting pros, by the way, say the wheelbarrow is the most likely to go. you can also vote for a new token, either a cat, a robot, a helicopter, a guitar or a diamond ring. i liked the wheelbarrow. oh well. if you see something out there for our "instant index," be sure to tweet it to me, @dianesawyer. >>> and, coming up next here, we saw her take home gold in london. so, why was missy franklin so nervous for a high school swim meet? [ boys screaming ] hi, i just switched jobs and i want to roll over
." >> president obama announced the white house chief of staff, jack lew, as his choice to head the treasury department. the secretary praised the outgoing secretary geithner, knowing the challenges he would race four years ago. jack lew will take over over the department in the middle of a debate he trained the senate and the congress about about how to raise the debt ceiling. this is 15 minutes. >> ladies and gentlemen, the president of the united states, accompanied by tim geithner and jacob lew. >> good afternoon, everyone. please have a seat. a little more than four years ago i stood with mr. tim geithner, the first nominee to my cabinet. we were two months into the financial crisis. the stock market had cratered. bank after bank was on the verge of collapse. worst of all, more than 800,000 americans would lose their jobs in just that month. at the bottom was probably not yet in sight. i could not blame tim when he told me he was not the right guy for the job. [laughter] but on news that tim's extensive experience with economic policy made him eminently qualified and i knew he could hit
by the minute. will help reach them in time? >>> signature move. president obama set to nominate jack lew for treasury secretary today, so is this signature coming to a dollar bill near you today? january 10th, 2013. >>> good morning, welcome to "today" on this thursday morning. i'm savannah guthrie. >> i'm in more matt this morning. this case is pretty serious. nine states, health officials reporting a real problem in massachusetts. >> that's right. at least 18 flu related deaths so far. 700 confirmed cases in boston alone. hospitals are overrun with people complaining with flu-like symptoms coast-to-coast. we'll get the latest in a report straight ahead. and carl, after confess iing to all of us, only matt received his flu shot. we're going to do something. we're going to get a flu shot. >> i'm already thinking which arm to roll up. >> roll up that sleeve. i wore short sleeves on purpose. >>> joe biden comes face to face with members of the nra today. at the white house with details. >>> surprising punishments of some distracted drivers involved in deadly crashes are now getting, why ar
a few minutes. media sources are saying it's white house chief of staff jack lew to replace outgoing treasury secretary tim geithner. you can see live coverage on the companion network, c-span. this week at six eastern on c-span2 we are featuring past programs to read to the supreme court justice antonin scalia on the book making your case the art of persuading judges and gives advice to lawyers on presenting oral argument. then at seven eastern it's another programs to convert >> back in the private student lending markets. you saw a lot of families who were not necessarily going to the colleges and another student was going to say in music school i wrote an article about a gardiner who said his son to college, the first in the family to go to college. the dad made about $21,000 a year in family income and he was able to borrow 6 feet to six figures for his son. there was no underwriting. and this lender by the way settled with the attorney general's office because i don't know if you remember, it was called the preferred lender list where the lender's word in some cases accused of
will be introducing his next treasury secretary, it is jack lew, he's presently the president's chief of staff. you see him on your screen. formerly the president's budget director. he replaces outgoing secretary timothy geithner. another position vacated by hilda solis, who is the labor secretary. >> peter alexander, thank you. now here's carl. >> savannah, thanks. >>> of course, one of the worst shootings last year, the deadly massacre at a colorado movie theater. now a judge decides if the gunman will stand trial. at the courthouse in centennial, colorado, mike, good morning. >> reporter: good morning, carl. if there's going to be an insanity case, there's going to be a mountain of evidence that james holmes spent months planning the attack. a shooting rampage was long in planning, the newly revealed evidence shows. an arsenal for mass murder accumulated in an extraordinary two-month buying spree, mostly online, and ending just days before the massacre. holmes himself telling police after the arrest how he booby trapped his apartment with a dozen bombs, hoping for an explosion to divert police t
general of the united states. we'll talk to you about if you're feelings of jack lew in a moment. on the deal that we did. you see everybody's taken the zeros off of what we owe and everybody's seen that now. i guess we're making $23,000 a year, we're spending $38,000. so we're adding $16,000 to our credit card bill every year. and we already owe $160,000 on our credit card bill. and the fiscal cliff deal cut $38 off of our expenses or something when you take everything off. is that -- >> actually worse than that. >> how can it be worse? >> actually our cliff bill was an absolute embarrassment to the united states of america. let me clarify. if we had gone over the cliff, it would have been an "f." and a total failure of our system. but when you analyze the bill, it was an "f" on spending. we actually increased spending. we didn't reduce 13e7bding. we increased spending. >> all the democrats tell me that there was already a trillion dollars of spending cuts that -- i didn't -- >> that was from august 2011. okay, but what i'm saying is, if you just look at this bill in isolation,
. but other shows have other theories. >> there is jack lew signature. we could have a pretty ugly signature on our dollar bill. >> is it even a signature or did he start drawing charlie brown and give up after the hair? good grief! and it got no better when lew explained his fiscal policy quote i describe budget tapestry when it's hope dream of a nation. >> bret: thanks for inviting us into your home tonight. that is it for "special report," fair, balanced and unafraid. charles, i had more time. >> shepard: this is the fox report. tonight, the feds say the deadly flu epidemic -- outbreak is now an epidemic. widespread in all but three states and killing children. but there may be some good news. and it's supposed to be among the most advanced passenger jets in all the world. but for the dream liner, it's really more nightmare. they have had electrical problems, a cracked windshield, even a fire. >> every new commercial airplane has issues in the inner service. >> shepard: now the feds are investigating. still, the dozens of dream liners already in service are going to keep flying. >> nothin
. i'm also told, by the way, that jack lew who currently serves as the chief of staff to the president, been very involved in these fiscal cliff negotiations, is likely to be nominated as the next treasury secretary. he's got some republican opponents on the hill. and there's some concern in the business community that he doesn't have enough business and market expertise. but he is expected to be confirmed after nomination. >> chuck hagel, maybe to defense. jack lew to treasury. still have to do cia -- other jobs to do as well. but the president is still in hawaii right now, coming back over the weekend. >> and it's interesting when you talk about this president and talking to people who are familiar with his thought process. it's really about a comfort level for this president. he likes to nominate people he already knows, feels comfortable with in his inner circumstance. . we've seen that on the white house staff, for example. that's what i think we're seeing here in these nominations. >> obviously feels comfortable with john kerry who was nominated as secretary of state. i think he
to see him go. but i cannot think of a better person to continue tim's work at the treasury than jack lew. this is bittersweet not only because tim is leaving, but also because jack has been my chief of staff for the last year. he was my budget director before that. i trust his judgment. i value his friendship. i know fewer people with greater integrity than the man to my left. i do not want him to go, because it is working out really well for me to have him here in the white house. but my loss is the nation's game. jack has the distinction of having worked and succeeded in some of the toughest jobs in washington and the private sector. he helped negotiate the deal between president reagan and tip o'neill to save social security. under president clinton, he oversaw three budget surpluses in a row. for all the talk out there about deficit reduction, and making sure our books are balanced -- he is the guy who did it. 3 times. he helped oversee one of our nation's finest universities and one of our largest investment firms. -- banks. in my administration, he has managed operations for the st
late night comics new material. even the president joked about jack lew's loopy signature saying he better make it more readable before it's printed on u.s. dollar bills. listen to what some of the professional comics are saying. >> that's your signature? or are you just testing to see if the pen works? hey, lew, here's a tip, stop signing all your checks on the teacup ride at disney world. the only way you're allowed to have that as your signature is if your name is boyoyoyong. >> he worked at hostess as a cupcake icer, and now he's -- it's good. it's about time our bills look like they were signed by a roomba. >> our bills should have nothing ridiculous on it, just old men in wigs and pyramids with eyes. is this even a signature? or did he start drawing charlie brown and give up after the hair? good grief. and it got no better when lew explained his fiscal philosophy saying, quote, i described budgets as tapestry, when it's woven together our picture amounts to the hopes and dreams of a nation. >> that is so funny. let's check in with erin burnett, coming up at the top of the hour
is settling on the new pick for treasury secretary. he might announce it sometime this week. jack lew would replace timothy geithner if confirmed. prior to this role he was the direct are to you of office of management and budget. before that lew was the first deputy secretary of state and management resources. martha: washington is still reeling from the president's nomination of chuck hagel as the next secretary of defense. new hampshire senator kelly ayotte, one of a chorus of critics slamming the former nebraska senator. she says this. while i deeply respect senator hagel's service in vietnam i'm concerned by several boxes he took as senator, longstanding opposition to increase iran sanctions and his regarding hezbollah and hamas as well as our close al eye israel. senator hagel has one big fan, he has a lot of fans. this one is raising eyebrows the rogue nation of iran. a foreign ministry spokesman calls the nomination, a sign of quote, practical change to american foreign policy. he predicts that if hague bell is appointed relations between the united states and iran will improve. isr
this week after naming scrutiny this week after naming jack jack lew as treasury secretary, the fourth white male mr. obama. the fourth white male mr. obama has chosen in the last month to has chosen in the last month tot fill top openings in his cabinei and administration.onve seized critics have seized on this photo that shows the president photo that shows the president surrounded by all male advisors, although t surrounded by all male advisers top aid although the white house says top aidehidden behind the men. in addition, one of the president's two female deputy chiefs of valerie jarrett is hidden behind the men. e.p.a. administrator lisa week. epa jackson is quitting and so is is quitting and so is labor labor secretary hilda solis.s.d perhaps the most high profile woman in the president's perhaps the most high-profile woman in the president's cabinet, secretary of state e ha hillary clinton is also on her way out. >> the white house is probably going to be careful with the ls next announcement to have some next announcement to women, maybe some minorities to women, maybe some minorit
the president is coming under scrutiny this week after naming jack lew as treasury secretary, the fourth white male mr. obama has chosen in the last month to fill top cabinet positions. this photo, surrounded by all male advisers, though top aide valerie jarrett is hidden behind one of the men. e.p.a. administrator lisa jackson is quitting and so is labor secretary hilda solis. perhaps the most high-profile woman in the cabinet, secretary of state hillary clinton is also on her way out. >> the white house is probably going to be careful with the next announcement to have some women, maybe some minorities to be part of it, to offset this self-inflicted error. >> now white house officials are pushing back against that criticism, noting that there are many women in subcabinet level positions. as for the vice president, he says he will issue his recommendations to the president next tuesday. matt? >> kristin welker at the white house this morning. as always, thank you. >>> the president of the national rifle association joins us live. mr. keane, thank you for your time. appreciate it. >> my pleasu
Search Results 0 to 22 of about 23 (some duplicates have been removed)